Renault will be supplying engines to three F1 teams in 2011 under the auspices of Renault Sport F1.
The new division of Renault will operate from Viry-Châtillon, Renault’s traditional F1 racing base. Its Chairman will be Bernard Rey, a member of Renault’s Management Committee.
The creation of Renault Sport F1 follows Renault’s decision to sell its minority stake in Renault F1 Team to Genii Capital. Renault will continue to provide strong support for the Enstone team as a supplier of engines, as well as technological and engineering expertise.
Red Bull has been using Renault engines for four seasons and has extended the partnership for a further two years. Renault will supply engines and technological support to Lotus Renault GP. 1 Malaysia Racing Team (UK) Ltd, which made its F1 debut in 2010, will use a Renault engine and Red Bull Technology transmission.
Renault has taken part in 29 F1 racing seasons, winning nine Constructors’ world champion titles, most recently with Red Bull Racing in 2010. Renault engines secured 23 podium finishes in 2010, including a historic 1-2-3 at the Formula 1 Grand Prix de Monaco 2010. Renault engines have won three of the last six world championships.